TOWNFARMER2 - 9/19/2024 11:05
That's why it wont happen. If you tax unrealized gains you would also deduct unrealized losses. It would be nightmare for the IRS. It would never pass in Congress because BIG Money People "Wall Street" wont allow it.
Why would that be any harder for the IRS than the current system? Realized capital losses are deductible over time currently. The same forms would work for unrealized losses. | 
Harris tax on capital gains?
